Creator of Popular Solana Meme Coin Accumulates $93,000 in Three Weeks on Pump.fun
Pump.fun's Creators Cashing In: Earning Big with Meme Coins
Let's talk about the latest buzz in the crypto world! A Pump.fun token creator is raking in the big bucks, to the tune of $93,780, in just three weeks thanks to the platform's new revenue sharing feature. This success story involves the creation of the MOONPIG meme coin, which skyrocketed to a whopping $125 million market cap.
Pump.fun, whose launchpad is on Solana, recently introduced a creator revenue sharing feature. In essence, 50% of the revenue generated per token is divided equally between the deployer. Over the past three weeks, a staggering $2.9 million has been distributed to coin creators through this feature.
The biggest earner? Wallet , responsible for deploying MOONPIG. While this meme coin about a flying pig isn't doing as well as it once was (falling 71% since its peak), it's still a lucrative endeavor for . Each trade on MOONPIG contributes to the wallet's earnings, as they receive 0.05% of the exchanged SOL. That means from the daily trading volume of over $19.1 million, according to CoinGecko, earned approximately $9,566.
But didn't stop at MOONPIG – they also created two other tokens, with little success compared to their top earner. In contrast, the second highest earning creator, wallet , has deployed 320 coins, none of which boast a market cap above $7,000. Yet, still walk away with $73,300 via creator rewards.
Interestingly, Pump.fun's new feature is leading to some creative uses, such as funding a protest by the NEET coin community on Wall Street, demonstrating new ways meme coin creators are leveraging their earnings. This highlights how creator revenue sharing is reshaping both earnings and incentives within the crypto ecosystem.
"We're beginning to see new emergent behaviors on the platform as a direct result of creator revenue sharing," said Pump.fun co-founder Alon Cohen. "For instance, it was cool to see Neet Coin use their creator fees to fund a protest."
While MOONPIG's success story is attracting attention, it's important to remember that the crypto world can be volatile. At the end of the day, smart investing, strategic planning, and making the most of opportunities like Pump.fun's creator revenue sharing feature are key to success.
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- The creator of the MOONPIG meme coin, deployed using the Pump.fun platform, has earned a significant amount of money, with $93,780 in three weeks alone.
- Not all crypto ventures are equal in success; the creator of MOONPIG also has two other tokens with minimal market cap and earnings.
- Another creator, wallet , has deployed 320 coins and earned $73,300, despite none of their tokens having a market cap above $7,000.
- Pump.fun's creator revenue sharing feature is not just changing earnings, but also incentives within the crypto ecosystem, leading to unique applications like funding protests.
- Smart investing, strategic planning, and seizing opportunities like the creator revenue sharing feature on Pump.fun are crucial for success in the unpredictable world of crypto finance and business.
- With the right moves, one could stay ahead of the game in the rapidly evolving crypto world, as witnessed by the success stories emerging from platforms like Pump.fun.
